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Akatsuki Eazima Co (TSE:1997) Debt-to-EBITDA : 0.71 (As of Feb. 2024)


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What is Akatsuki Eazima Co Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Akatsuki Eazima Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円243 Mil. Akatsuki Eazima Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円503 Mil. Akatsuki Eazima Co's annualized EBITDA for the quarter that ended in Feb. 2024 was 円1,052 Mil. Akatsuki Eazima Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.71.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Akatsuki Eazima Co's Debt-to-EBITDA or its related term are showing as below:

TSE:1997' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.74   Med: 1.54   Max: 5.21
Current: 0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Akatsuki Eazima Co was 5.21. The lowest was 0.74. And the median was 1.54.

TSE:1997's Debt-to-EBITDA is ranked better than
73.24% of 1308 companies
in the Construction industry
Industry Median: 2.31 vs TSE:1997: 0.89

Akatsuki Eazima Co Debt-to-EBITDA Historical Data

The historical data trend for Akatsuki Eazima Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akatsuki Eazima Co Debt-to-EBITDA Chart

Akatsuki Eazima Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.99 0.74 1.26 1.58

Akatsuki Eazima Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.85 1.66 0.86 1.20 0.71

Competitive Comparison of Akatsuki Eazima Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Akatsuki Eazima Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akatsuki Eazima Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Akatsuki Eazima Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Akatsuki Eazima Co's Debt-to-EBITDA falls into.



Akatsuki Eazima Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Akatsuki Eazima Co's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(267.464 + 620.713) / 562.54
=1.58

Akatsuki Eazima Co's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(243.264 + 503.231) / 1051.756
=0.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Feb. 2024) EBITDA data.


Akatsuki Eazima Co  (TSE:1997) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Akatsuki Eazima Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Akatsuki Eazima Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Akatsuki Eazima Co (TSE:1997) Business Description

Traded in Other Exchanges
N/A
Address
Chiba-cho, Ibaraki Prefecture, Mito, JPN, 5770-2770
Akatsuki Eazima Co., Ltd. operates in the construction industry. It provides various building services, including the construction of cleaning equipment, plumbing equipment, constant temperature and humidity equipment, among others.

Akatsuki Eazima Co (TSE:1997) Headlines

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